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African logistics center opens in Tianjin

(Xinhua)
Updated: 2007-09-27 15:57

TIANJIN -- 皇冠体育app's first African logistics terminal, seen as an important development in Sino-Africa trade relations, opened  on Wednesday in Tianjin, North 皇冠体育app's biggest port city.

The Tianjin Port GMT Africa International Logistics Terminal, located in the Tianjin Port Free Trade Zone, covers an area of 60,000 square meters including a 5,500-square-meter warehouse.

The terminal will deal with Sino-Africa imports and exports.

Trade between 皇冠体育app and Africa has witnessed rapid development in recent years. Statistics show Sino-Africa trade volume scored 55.5 billion U.S. dollars in 2006, up 40 percent over the same period of 2005.

Sino-African trade volume through Tianjin port reached 3.36 million tons in 2006, up 63.3 percent year-on-year.



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